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[ June 19, 2026 ] Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses The Fed
[ June 18, 2026 ] Agencies jointly issue proposal for ‘effective’ customer ID program used by permitted stablecoin issuers FDIC
[ June 17, 2026 ] Want your filing approved? OCC attempts to clarify how that happens (and how it doesn’t) OCC
[ June 18, 2026 ] OCC bars 2 from banking work; terminates 3 previous orders of enforcement OCC
[ June 17, 2026 ] GAO: Fed’s COVID-era ‘Main Street’ loan program shows 70% of loans repaid; more Other

Capital Planning and Stress Testing Requirements for Large Bank Holding Companies, Intermediate Holding Companies and Savings and Loan Holding Companies

October 6, 2020 0

Title: Capital Planning and Stress Testing Requirements for Large Bank Holding Companies, Intermediate Holding Companies and Savings and Loan Holding Companies Subject: Capital planning, stress testing Agency: Federal Reserve Status: Final rule Summary: The Board […]

Powell voices not-so-veiled call for Congress to take further action to bolster economy

October 6, 2020 0

Policymakers should continue to do what they can to manage “downside risks” to the economy’s outlook – including taking additional action to stimulate or protect the economy – particularly since the future remains “highly uncertain,” […]

Technical Amendments

October 2, 2020 0

Title: Technical Amendments Subject: Technical amendments Agency: NCUA Status: Final rule; correction Summary: The NCUA Board (Board) is issuing a final rule to make technical amendments to various provisions of the NCUA’s regulations. These amendments […]

Brainard, in speech, stresses need for regulatory consistency under CRA, stakeholder support

October 1, 2020 0

The Fed Board’s point person on the agency’s most recent effort to garner input on how best to improve rules under the anti-redlining Community Reinvestment Act (CRA) on Thursday underscored the importance of consistency among […]

In face of continuing coronavirus-bred uncertainty, Fed extends programs to shore up credit, bar share repurchases

October 1, 2020 0

Continued economic and financial uncertainty related to the impact of the coronavirus crisis has moved the Federal Reserve to extend programs meant to help banks face the challenges. The Fed Thursday said it has extended […]

PA bank under enforcement by Fed for BSA/AML, OFAC compliance deficiencies

October 1, 2020 0

Atlantic Community Bankers Bank, Camp Hill, Pa., is required under a written agreement executed Monday with the Federal Reserve Bank of Philadelphia to strengthen its compliance with Bank Secrecy Act/anti-money laundering (BSA/AML) requirements and requirements […]

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Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses

June 19, 2026 0

“Imprudent” loans made to the relatives of an Oklahoma bank CEO have led to his prohibition from future bank employment and a fine of $125,000, the Federal Reserve said Thursday. According to the Fed, it has prohibited Thomas Engelbrecht from [...]
Agencies jointly issue proposal for ‘effective’ customer ID program used by permitted stablecoin issuers

June 18, 2026 0

Establishing and maintaining “an effective” customer identification program (CIP) for permitted payment stablecoin issuers (PPSIs) was proposed Thursday by federal banking and credit union regulators, and the Treasury’s financial crimes enforcement unit. The proposal, issued under the auspices of the [...]
Want your filing approved? OCC attempts to clarify how that happens (and how it doesn’t)

June 17, 2026 0

A filing is inconsistent with law or regulation if it does not meet the applicable statutory or regulatory criteria for that filing type, the national bank regulator said Wednesday in a bulletin focusing on the agency’s filing decision process. The [...]
OCC bars 2 from banking work; terminates 3 previous orders of enforcement

June 18, 2026 0

Two banking executives were barred from any future work in federally insured financial institutions in consent prohibition orders announced Thursday by the Office of the Comptroller of the Currency (OCC). The agency’s prohibition orders noted that: Steven Ho, former vice president [...]
GAO: Fed’s COVID-era ‘Main Street’ loan program shows 70% of loans repaid; more

June 17, 2026 0

An annual review of the Federal Reserve’s Main Street Lending Program — created with other programs to ensure credit availability amid the COVID-19 pandemic — has seen 70% of the 1,830 loans made fully repaid, with 16% generating losses and about [...]
Credit union regulator’s Hauptman to receive three briefings at meeting set for June 24

June 17, 2026 0

A mid-year budget update is on the agenda for the federal credit union regulator’s one-man board when he gavels in the meeting June 24, at 10 a.m. ET. According to the National Credit Union Administration (NCUA) Kyle Hauptman, chairman of [...]
OCC drops language from MDI rules designating what groups qualify as ‘socially, economically disadvantaged’

June 16, 2026 0

As there is no specified group of individuals presumed to be socially and economically disadvantaged under the statute creating minority depository institutions (MDIs), the national bank regulator is dropping portions of its rules that outline who those groups are, the [...]
UPDATED: Credit union regulator loosens rules on records preservation requirements

June 15, 2026 0

Guidance on records preservation for credit unions concerning the length of time credit unions should retain various types of operational records was removed from the federal regulator’s regulations under a final rule adopted Monday. According to the one-man board of [...]
FinCEN updates guidance on banks’ USA PATRIOT Act info sharing with others

June 15, 2026 0

Updated guidance on how financial institutions are permitted to share information with each other regarding suspected fraud was issued by Treasury’s financial crimes enforcement arm under the USA PATRIOT Act. The Financial Crimes Enforcement Network (FinCEN) on Friday released a [...]

Capital Planning and Stress Testing Requirements for Large Bank Holding Companies, Intermediate Holding Companies and Savings and Loan Holding Companies

Powell voices not-so-veiled call for Congress to take further action to bolster economy

Technical Amendments

Brainard, in speech, stresses need for regulatory consistency under CRA, stakeholder support

In face of continuing coronavirus-bred uncertainty, Fed extends programs to shore up credit, bar share repurchases

PA bank under enforcement by Fed for BSA/AML, OFAC compliance deficiencies

Proposal aims to bring capital planning rules into alignment with recent changes

Fed looking at how to address asset bubble caused by response to COVID-19 – including PPP

Fed checks in with senior loan officers on experiences with Main Street Lending Facility

Fed terminates enforcements with Pakistan bank and its NY branch; and GA bank

Former OK bank leader earns prohibition, $125k fine for ‘imprudent’ lending that led to millions in losses

Agencies jointly issue proposal for ‘effective’ customer ID program used by permitted stablecoin issuers

Want your filing approved? OCC attempts to clarify how that happens (and how it doesn’t)

OCC bars 2 from banking work; terminates 3 previous orders of enforcement

GAO: Fed’s COVID-era ‘Main Street’ loan program shows 70% of loans repaid; more

Credit union regulator’s Hauptman to receive three briefings at meeting set for June 24

OCC drops language from MDI rules designating what groups qualify as ‘socially, economically disadvantaged’

UPDATED: Credit union regulator loosens rules on records preservation requirements